Click to Call

Rock Insurance
Agency Inc

142 Route 70
Medford, NJ 08055

Rock Insurance Agency Blog

Ways you can get the Maximum Protection for your Business

As a business owner, you want what’s best for your business future. One great way of securing its future is deciding on the maximum insurance protection for it. No business could survive without insurance. At Rock Insurance Agency, Inc., serving Medford, NJ, we help business owners decide on the best protection based on their needs. Here are some ways you can get this protection. 

Consider More than just Liability

No law in New Jersey requires businesses to obtain insurance. However, most of them generally apply for liability insurance. This protects your business against financial loss due to property damage, libel, or slander. Depending on your situation, you might want to consider additional options such as commercial auto insurance, worker’s compensation, or business property coverage. Worker’s compensation is especially vital if you have employees within your business. Commercial auto insurance is different from regular auto insurance in that it protects your company’s car in the event of an accident.

Reassess your Liabilities every year

Your business is bound to grow the more you work at marketing it. When it grows, your liabilities grow along with it. Reassess every new liability you get for your business growth. You can do this by contacting your agent to discuss any new changes that have occurred and how they affect your insurance coverage.

Contact us for your Business Insurance needs

Making sure you have enough protection is very important for your business future. Our agents at Rock Insurance Agency, Inc. are here for you in finding the right protection based on your situation.  If your business is in Medford, NJ, or anywhere in the Tri-state area, contact our office for more information on getting a commercial insurance policy quote today.

 

What is not covered by a home insurance policy

As a homeowner, your homeowners’ insurance policy is one of the most critical protections one can invest in. It is crucial to understand the coverages provided under the policy. However, it just as important to understand the types of events excluded under the policy. 

Floods 

It is critical that homeowners in the Tri-State area know that flood insurance is not automatically covered under a home insurance policy. So many homeowners assume that flood coverage is included because their policy has water damage coverage. Water damage coverage is meant for events such as a burst pipe or an overflowing dishwasher. Flood coverage needs to be purchased as a separate policy from the government. 

Damage as a result of homeowners’ failure to maintain the home. 

As a homeowner, it is critical that you perform regular maintenance on your home. Failure to properly maintain the house could result in the denial of coverage in the event of a claim.  If it is determined that the damage to your home is the result of your failure to maintain the home, such as not having your water heater regularly serviced, you could be denied coverage. 

Dog bites

Many homeowner insurance policies exclude coverage for aggressive breeds such as Pitbulls. However, some carriers exclude coverage for dog bites altogether. It is essential to check with your insurance agent at Rock Insurance Agency, Inc. in Medford, NJ to confirm your level of coverage. If you have a dog, you may want to consider an umbrella policy for extra protection. 

Jewelry

If you own an expensive jewelry collection, it is important to know it may not be fully insured under your policy. While there may be a small limit under your policy, it will most likely not be enough coverage in the event your collection is stolen. If you have expensive jewelry, you will want to speak to your agent about adding additional coverage. 

If you live in the Tri-state area and would like to learn more about homeowners’ insurance, reach out to a specialist at the Rock Insurance Agency, Inc. in Medford, NJ today.